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CNQ

Canadian Natural Resources (NYSE:CNQ) reported Q2 2024 adjusted earnings per share (EPS) of $0.88, surpassing the analyst consensus estimate of $0.81 by 8.64%.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:05 am

TAL

TAL Education (NYSE:TAL) reported Q1 2025 adjusted EPS of $0.05, significantly beating the analyst estimate of $(0.01). The company also reported sales of $414.187 million, surpassing the $394.198 million estimate and marking a 50.37% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:02 am

LI

Chinese EV maker Li Auto (NASDAQ:LI) delivered a record 51,000 vehicles in July, marking a 49.4% year-over-year increase and a nearly 7% rise from June. The Li L6 SUV contributed significantly to this growth, with over 20,000 units sold.

Portfolio Pulse from Anan Ashraf

August 01, 2024 | 8:55 am

EWU

The U.K. Manufacturing Purchasing Managers Index (PMI) for July came in at 52.1, surpassing the estimated 51.8 and the prior month's 50.9. This indicates an expansion in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:54 am

LI

Li Auto Inc. (NASDAQ: LI) delivered 51,000 vehicles in July 2024, marking a 49.4% year-over-year increase and setting a new monthly delivery record. The company's total deliveries for 2024 reached 239,981, with cumulative deliveries hitting 873,345 as of July 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:33 am

BYDDY

TSLA

UBER

Tesla CEO Elon Musk has warned that BYD, a Chinese EV maker backed by Warren Buffett's Berkshire Hathaway, needs to change its approach to vehicle autonomy quickly to avoid becoming obsolete. This comes after a BYD spokesperson stated that fully autonomous driving is 'basically impossible.' The warning coincides with Uber's announcement of a partnership with BYD to bring 100,000 new BYD vehicles onto its platform and collaborate on future autonomous-capable vehicles.

Portfolio Pulse from Anan Ashraf

August 01, 2024 | 8:31 am

VGK

The Eurozone Manufacturing Purchasing Managers Index (PMI) for July came in at 45.8, slightly above the estimate of 45.6 and matching the prior month's figure of 45.8.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:02 am

EWQ

The HCOB France Manufacturing Purchasing Managers Index (PMI) for July came in at 44.0, below the estimated 44.1 and the prior 45.4, indicating a contraction in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:53 am

CVX

HES

XOM

Chevron's $53 billion acquisition of Hess faces delays due to arbitration claims by Exxon and CNOOC over a Guyana oil joint venture. The arbitration decision is expected in the second half of 2025, adding uncertainty for Chevron and Hess investors.

Portfolio Pulse from Benzinga Neuro

August 01, 2024 | 7:46 am

AMZN

GOOG

META

MSFT

NVDA

Meta Platforms Inc. (NASDAQ:META) is collaborating with NVIDIA Corp. (NASDAQ:NVDA), Amazon.com Inc (NASDAQ:AMZN) Web Services (AWS), Alphabet Inc.‘s (NASDAQ:GOOG), (NASDAQ:GOOGL) Google Cloud, and Microsoft Corp. (NASDAQ:MSFT) Azure to advance its open-source Llama AI model. This multi-cloud strategy aims to broaden access and accelerate the development of Llama 3.1, Meta's latest AI model. Meta's stock surged by 7.17% in after-hours trading following the announcement.

Portfolio Pulse from Kaustubh Bagalkote

August 01, 2024 | 7:34 am